Clark and David's brand is built on the foundation of their real estate success, where they have demonstrated an uncanny ability to adapt and thrive in shifting markets. Their partnership is a testament to the power of combining diverse yet complementary skills and perspectives. They bring this adaptability and strategic foresight to Burn Your Boats, making it more than just a financial podcast but a platform for dynamic growth and enduring success.
As they expand their brand beyond real estate, Clark and David are set on breaking down the complex world of finance. They aim to build a community where knowledge and experience are shared generously, equipping their audience with the tools and insights needed to journey confidently from the first bucket of early financial endeavors to the sophisticated strategies required for wealth preservation and legacy creation.
Hosted on Acast. See acast.com/privacy for more information.
Clark and David's brand is built on the foundation of their real estate success, where they have demonstrated an uncanny ability to adapt and thrive in shifting markets. Their partnership is a testament to the power of combining diverse yet complementary skills and perspectives. They bring this adaptability and strategic foresight to Burn Your Boats, making it more than just a financial podcast but a platform for dynamic growth and enduring success.
As they expand their brand beyond real estate, Clark and David are set on breaking down the complex world of finance. They aim to build a community where knowledge and experience are shared generously, equipping their audience with the tools and insights needed to journey confidently from the first bucket of early financial endeavors to the sophisticated strategies required for wealth preservation and legacy creation.
Hosted on Acast. See acast.com/privacy for more information.
This "Burn Your Boats" episode reveals a game-changer for aspiring homeowners: FHA loans are back in business!
David Shaw shares a recent experience selling a Florida duplex to a young couple using an FHA loan. Despite requesting seller concessions for half their down payment and closing costs, the deal was a win-win.
The couple put down just $16,000 (1.5%!) on a $555,000 duplex. By living in one unit and renting the other, their net monthly housing cost is an incredible $1,211 – or just $600 each! This immediately makes them real estate investors with tax benefits.
This episode is a powerful message: FHA loans are now a viable path to homeownership, offering significantly lower costs than renting.
Share this with anyone who thinks homeownership is out of reach – it's time to seize the opportunity!
Soundbites:
"FHA loans are back in business!"
"Imagine that that's living for $600 a month. They're now real estate investors. They now get property tax deductions. They get their depreciation on the property."
"What I think is happening is buyers are now in the driver's seat and buyers know that they can go out and get a deal."
Chapters:
00:01 Introduction & Podcast Purpose
1:04 The Duplex Property & Market Context
03:19 The FHA Loan Revelation
7:07 The Incredible Deal for the Buyers
10:19 Call to Action: Share with someone you know!
Keywords: FHA loans, first-time homebuyers, real estate investing, affordable housing, low down payment, seller concessions, housing market, burn your boats wealth podcast, David Shaw
#FHALoans #FirstTimeHomeBuyer #RealEstateInvesting #AffordableHousing #LowDownPayment #SellerConcessions #HousingMarket #DuplexLiving #FinancialFreedom #BurnYourBoats
Hosted on Acast. See acast.com/privacy for more information.